Value of buy-to-let property may top £1 trillion in mid-2015

by Aaron Strutt

Nov 07 2014

The value of property owned by landlords in Great Britain is set to break the £1 trillion barrier next year, according the Kent Reliance’s Buy-to-let Britain report.

Their data shows the total value of property in the private rented sector has now reached £930.7bn, climbing by £109.5bn in the last year alone - a rise of 13.3%. Since 2009 the buy-to-let market has gained £302.5bn and, even after the 2007 peak of the property boom, it has risen by more than a quarter of a trillion pounds.

Andy Golding, chief executive of OneSavings Bank, which trades under the Kent Reliance brand, comments: “Buy-to-let lending has rebounded to match the growing and increasingly diverse needs of landlords. There are some clouds on the horizon – such as the European Mortgage Credit Directive, which will provide welcome protection for consumers entering the market. But the future looks positive for Britain’s 1.4 million landlords.”